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USDJPY Trend Signals Still Point North

  • USDJPY has been in an uptrend since early January 2021 where it reversed from a 102.59 low.
  • Technical signals suggest the bull trend remains intact and that during Q1, a continued appreciation in USDJPY is likely ahead of the next psychological level of 120.00.
  • A point and figure (P&F) chart provides a clear overview of the current uptrend.

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